FEATURED ARTICLES ABOUT HIGH TIME - PAGE 5

When mutual fund distributor Bajaj Capital found that a certain investor had not made any new investments in mutual funds for a long time, it decided to check up on him. To their surprise, the officials found that the investor had died a few years ago and his wife had no knowledge about the Rs 2 lakh he had invested in HDFC Mutual Fund. "The amount had grown to Rs 9-10 lakh. The lady broke down because she was facing financial difficulties and the money would help her tide over the problems," says Surajit Misra, executive vice-president and national head of mutual funds, Bajaj Capital.

MUMBAI: The Anil Dhirubhai Ambani Group (ADAG) has embarked on a plan to cut its debt, but stock market investors are not enthused yet. Shares of Reliance Communications hit yearly lows on Tuesday, Reliance Power touched a 52-week low last week while Reliance Capital and Reliance Infrastructure too have weakened of late. So, why are investors staying away from ADAG stocks? Analysts said market participants are not convinced with the extent of the stake sales so far to cut debt.

Sunny Leone, to her throng of fans, conjures up images that are mostly too vicarious to describe in these pages of resonant family reading. But once you hear her out, you would wonder whether it's a former porn star — adult entertainer if you will — or a marketing guru doing the talking. "I think I offer a unique brand of worldwide traffic and fans that is different from what is offered by other celebrities in India," says the Indo-Canadian actress who was born Karenjit Kaur Vohra to Sikh parents in Ontario, Canada.

Parking is becoming the most important criteria for a buyer and the cost is now beyond the reach of the middle-class , says Advocate Ameet Mehta Does the definition of Flat include Parking in Bye-laws ? Sale of car parking slots is a very controversial matter especially in a city like Mumbai. It is quite shocking to note that the definition of a flat in the model bye-laws includes a Godown / Garage but does not include an open car parking space.

NEW DELHI: The government is likely to bring key changes in the 'Offset policy' in the defence sector under which a company will have the option of migrating from the offset obligations to 'Buy and Make'. The much-awaited changes to the Defence Procurement Procedures (DPP-2013) are expected in the coming months with the release of DPP-2015. One of the key changes in the DPP will be an option to migrate from the Offset obligations to 'Buy and Make', defence sources said. Under the new provisions, value of the FDI by the Original Equipment Manufacturer (OEM)

NEW DELHI: The government today asked real estate developers to adopt modern construction technologies to boost housing supply. Addressing an event organised by realtors' body NAREDCO, Housing and Urban Poverty Alleviation Secretary Nandita Chatterjee stressed on the need for improvement in construction technologies to implement the scheme 'Housing for All' by 2022. "An enormous number of houses to the tune of about 20 million will be required to be constructed by 2022.

NEW DELHI: Max India, Reliance Capital, Aditya Birla Nuvo and Bajaj Finserv rallied 1-5 per cent in trade on Friday, after the Cabinet approved proposals allowing foreign investors to own up to 49 per cent in insurance firms. The UPA government's move to increase FDI to 49 per cent will benefit private sector insurance companies, which require a huge amount of capital. Shares of Max India Ltd surged over 4 per cent to hit hits 52-week high of Rs 247. At 09:20 am, the company was trading 3.6 per cent higher at Rs 240. It has hit a low of Rs 238.35 in trade today.

The reasons for a job change can be many and almost anything, depending upon the individual perceptions and one's likes and dislikes. However, it is always advisable to have a clear-cut reason for switching jobs. That is because a job change is a significant decision that can affect your career as well as your future plans. Here are five things to keep in mind while changing jobs: 1. Reason for Change Evaluate thoroughly your reason for changing your current job. Evaluating one's decision is an excellent way to demarcate the true reasons behind this decision.

NEW DELHI: The exit of 73 students from the Indian Institute of Technology at Roorkee because of poor grades has come as a rude shock, contrasting sharply with the typically celebratory narrative around the country's premier engineering schools. But IITs across the country point out that this is merely reflective of a bigger problem that's been building up over the past few years —increasing number of students unable to cope with the curriculum. The coaching factories are prime suspects for the drop in quality but exhaustion and family pressure also play key roles.

NEW DELHI: The US aviation regulator has asked Indian authorities to hire people with technical background at the Directorate General of Civil Aviation (DGCA), the local regulator which has typically been headed by a senior civil service official . A delay in meeting the demand could potentially hamper India's prospects of getting back the top rating by the most powerful aviation authority in the world. The US Federal Aviation Authority (FAA) wants the director-general as well as other key officials of the Indian aviation regulatory body to have technical knowledge of the sector.